Many people have accused our president of not keeping any of his promises, but he has kept his promise to “fundamentally” change things.
The history of President Obama is a history of repeated injuries and usurpations, all having in direct object the establishment of an absolute tyranny over these states. To prove this, let the facts be submitted to a candid world.We no longer have the AAA credit rating. That’s a first. Just last week, the United States of America received another downgrade that the media largely ignored. Egan Jones cut its rating of U.S. credit from AA to AA-. Do any Democrats remember what Standard and Poor’s said when it downgraded us? It emphasized that a reduction in spending, not taxes on the wealthy, was gravely needed. Does the president think that this problem will magically go away? He has done nothing about this, I do not expect him ever to do anything about it.
We have lost respect in the eyes of many nations around the world. Even in comparison with the Bush administration, which was, rightly or wrongly, despised at home and abroad by so many, the reputation of the United States is in tatters. When did George W. Bush ever have 11 countries rioting outside American embassies?
The average family has lost 25 percent to 33 percent of its wealth. The president inherited a tough situation, but the recovery, as it turns out, has been worse to the average American than the financial crisis. Michael Fletcher of The Washington Post reports that “from June 2009 to June 2012, inflation-adjusted median household income fell 4.8 percent, to $50,964. … Incomes have dropped more since the beginning of the recovery than they did during the recession itself, when they declined 2.6 percent.” Yes, it’s that bad.
The percentage of people working is lower than it has been in three decades. Not only are our wallets thinned out, but so are our spirits. More people have gone on disability in the Obama years than have taken new jobs. Are that many people actually getting disabled? Is there an epidemic going on here that we don’t know about?
The government has taken over health care. For decades, liberals dreamed of bringing universal health care to the United States, and Mr. Obama delivered it to them. No, it’s not single-payer, but it’s nearly as much of a nightmare.
Our government gets to choose winners and losers in business. Solyndra is just the beginning. The president, rather than learning from this embarrassment, has doubled down on his desire to “invest” your money for you. Less famous than Solyndra LLC, but just as important for all of us, are Raser Technologies Inc., ECOtality Inc., Nevada Geothermal Power Inc., First Solar Inc., Abound Solar and Beacon Power LLC. Mr. President, if people don’t want to invest their money in something, is it actually worth investing in? And if it is, then why do we need to the government to invest in it?
These are just a few of the changes that have dramatically altered the landscape of our personal responsibility and free enterprise, which once characterized America. At this point, we can only hope that all of this change can be reversed. He has come through on his promise to change things, and if he keeps this up, to the point where we will soon barely recognize the country that was once the temporal hope of mankind.
If Mr. Obama’s inheritance of the financial crisis is enough to excuse four years of blunders, how much more will the next president, inheriting the Obama mess, be able to get away with?